Wednesday, February 11, 2009

Short Sales are the Talk of the Bay Area Now....

Short Sales Are The Talk of the Bay Area!!!

Do you know what the causes of these short sales are?


1. Over zealous construction by all builders.
2. Stated income loans.
3. Drained equity.
4. Lender fraud.
5. 100% or more financing.
6. Negative amortization loans.
7. Declining property values.
8. Inflated appraisals.
9. Rising mortgage paymemts & no mortgage insurance.
10. Seller forced to sell due to personal circumstances. (Job loss & or spouse’s death etc)


Call or email us today and let us help you understand the situation more.

The Malcolm & Manocha Group Re, CMRS,CMNP
Direct: 408 399 1495
www.mmgproperties.com
monica.manocha@cbnorcal.com

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